InnoVest Resource Management's Foreclosure Forum

Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Foreclosure Codes 50 State Foreclosure Basics Foreclosure Glossary 60+ Yrs Interest Rates News & Trends FAQ Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Thank You, … and a couple of questions. Posted by Ward-CA- on June 19, 2002 at 7:44 PM In Reply to: Re: Thank You, … and a couple of questions. posted by Francisco - CA on June 19, 2002 at 8:19 AM : Ward, : Thank you this is just what I was looking for. : I have a couple of question about filling out the form. : Under consideration do I enter the TOTAL amount I will be paying for the house or ONLY the amount the seller will get for their equity. The phrase “as Seller’s equity in the Property,” makes me think it should only be what the seller will get. If this is the case then it appears there is no place for the total price I will be paying. Is this the correct? : The Delinquent Amounts section has 2 blanks, one for the amounts and one for the date. I understand the amounts part but for the date, should it be the date they sign the contract or the date they will deliver the property. Can you explain this part of the form? : I hope you don’t think these are stupid questions. This is my first pre-foreclosure and I don’t want to make any mistakes. : Best Regards, : Francisco : P.S. Yes, I do have a need for an Equity Purchase Agreement in Spanish. I’ve talked to a few sellers that only speak Spanish. =•=•=•=•=•=•=•=•=•=•= Francisco, Just enter the amount the seller will get for their equity. That’s why it’s called an Equity Purchase Contract. The date to put into the date blank is the date they sign the contract. As far as the Spanish version is concerned, I will have to scan it into my computer in the next day or so. Then I’ll be able to email it to you as a PDF document. Hope this helps. Follow Ups: RE: Ward, please email me a copy too. PLease. Steve 1:54 PM, 06/27/04 (0) Can I get a copy too, Ward? Karl-CA 8:53 AM, 06/27/02 (0) Ward, please email copy to me too! Ellis 11:50 AM, 06/22/02 (1) Re: Ward, please email copy to me too! Gus 4:06 PM, 10/21/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : Thank you this is just what I was looking for. : : I have a couple of question about filling out the form. : : Under consideration do I enter the TOTAL amount I will be paying for the house or ONLY the amount the seller will get for their equity. The phrase “as Seller’s equity in the Property,” makes me think it should only be what the seller will get. If this is the case then it appears there is no place for the total price I will be paying. Is this the correct? : : The Delinquent Amounts section has 2 blanks, one for the amounts and one for the date. I understand the amounts part but for the date, should it be the date they sign the contract or the date they will deliver the property. Can you explain this part of the form? : : I hope you don’t think these are stupid questions. This is my first pre-foreclosure and I don’t want to make any mistakes. : : Best Regards, : : Francisco : : P.S. Yes, I do have a need for an Equity Purchase Agreement in Spanish. I’ve talked to a few sellers that only speak Spanish. : =•=•=•=•=•=•=•=•=•=•= : Francisco, : Just enter the amount the seller will get for their equity. That’s why it’s called an Equity Purchase Contract. : The date to put into the date blank is the date they sign the contract. : As far as the Spanish version is concerned, I will have to scan it into my computer in the next day or so. Then I’ll be able to email it to you as a PDF document. : Hope this helps. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2002, InnoVest Resource Management

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455